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UK diesel prices may hit £1.70/litre due to global tensions, rising crude oil, and an upcoming fuel duty hike.
Diesel prices in the UK are rising rapidly, with forecasts predicting they could reach £1.70 per litre due to global tensions disrupting oil markets, particularly over the Strait of Hormuz.
Crude oil prices have surged past $100 per barrel, driving up diesel by 20p in days and petrol to its highest level in over a year.
Prices typically lag global market shifts by about two weeks, meaning further increases are expected.
Drivers face higher refueling costs, with some paying £11 more per tank compared to late February.
A planned fuel duty rise, reversing a 2022 cut, will add £3,400 to average household fuel costs over 60 years, sparking criticism from campaigners urging the government to delay the increase amid economic strain.
Los precios del diésel en el Reino Unido pueden alcanzar las 1,70 libras esterlinas por litro debido a las tensiones globales, el aumento del petróleo crudo y un próximo aumento de los impuestos sobre el combustible.